US Trends

how much was a barrel of oil before the iran conflict started

Brent crude was roughly in the low-$70s per barrel right before the Iran conflict started, with reports saying it was at its lowest since February 27 and around $71 a barrel in early July as it returned to prewar levels.

What that means

  • The “before” price depends on which benchmark you mean, but the main global benchmark, Brent, was around $71/barrel before the war-related spike.
  • After the conflict began, oil briefly moved higher, then later fell back toward those prewar levels.

Quick context

  • If you want the exact price on a specific day before the conflict started, I can narrow it down to a date-based figure.
  • If you mean WTI instead of Brent, the number would be slightly different.